Endangered COMPANIES ? or Endangered SPECIES ?

United States
January 25, 2008 11:21am CST
Which concerns you more? Endangered companies or endangered species? Here's a story about endangered American companies. These represent a lot of jobs and billions in tax revenue for the US government. http://www.247wallst.com/2008/01/the-large-us-co.html Do you have an opinion concerning any particular company mentioned in the article? Pro or con? Would you rather see the snail darter leave the scene forever or your good job at an American company because that company went broke?
3 people like this
4 responses
@Destiny007 (5805)
• United States
25 Jan 08
I think a lot of people are going to be losing their jobs in the next few years. My wife told me the other day about where Hershey was moving it's operations to Mexico. Pretty soon there will be no companies left in America, and the only jobs will be in the service industries. People had better start figuring out how to work for themselves, because there will probably be a real shortage of good jobs soon. America has become very unfriendly towards businesses, and with the liberals wanting the "mother of all tax increases" the businesses that survive will be leaving as well. We can thank NAFTA for a lot of this, but there seem to have been some bad business decisions made as well, by some of the things that I read in that article. As far as snail darters, or any other form of wildlife... Nature requires that to survive you must adapt to changes in your environment. This is true for mankind as well.
3 people like this
• United States
25 Jan 08
NAFTA, of course, reminds one of Ross Perot and that 'Giant sucking sound' dragging American jobs to Mexico. Ol'Ross was right about that one.
3 people like this
@Adoniah (7512)
• United States
26 Jan 08
Right now I think endangered American Companies should be this Countries top Priority. Isn't if funny that none of the Politicians have mentioned any of this in any of their cute little campaign speeches. Or made any promises of improvement. All you ever hear is that the economy is in pretty good shape. That unemployment is not bad and that the stock market will rebound after a small recession. Dumb a**es. How many Companies have to go down the drain before the Country finally takes notice. How many Companies can we afford to lose to other countries before we just become a giant bedroom community for the Rich and Famous and the totally destitute. It will not be too long before we have no middle class left at all. And we all know what happens next! Shaom~Adoniah
• United States
26 Jan 08
I certainly agree our middle class is shrining in the USA. Which means sometime in the next generation or two there will be an important decision to make. Which do we add as an official language, just Spanish or Spanish and Chinese?
1 person likes this
@Lindalinda (4111)
• Canada
25 Jan 08
Well, in the wild if left alone it is survival of the fittest, but since humans have interfered so much with nature we have to help to save endangered species. As far as endangered companies are concerned, some have missed the boat, have missed the trend and will go under. I sure hope Yahoo survives (just because I like it). What concerns me is that we in the West are abandoning the manufacture of goods at an alarming rate. The writer of the article may well be right that we will become strictly a service industry which does not bode well for millions of people and may erode the material wealth that we accumulated as nations since the advent of the industrial revolution.
• United States
25 Jan 08
If we lose our ability to manufacture our own goods, I'm sure the rest of the world would be kind, compassionate, and generous to us. So, there really is no need to worry about that. I couldn't be wrong, could I?
3 people like this
• Canada
25 Jan 08
haha, you are so funny. I suppose you could be wrong.
@AD11RGUY (1265)
• United States
26 Jan 08
I can't help but to believe that the bottom line here is lack of confidence in all that is American. And I don't just mean from the consumer base. Most of the companies listed suffer from the same setback - lack of capital to invest in the next/expansion of current market. Where did all the profit from the "heydays" go? Into the share holder's and top management's pockets. And to what avail? To that of articles like this one being written. For example, Ford has over the last few years been rated as high as Toyota in quality of product. But does Ford announce this? Does the consumer even know? Brand image needs to be built up. But management saw good enough profits for the holders and pretty much stopped there. Worse yet, I suppose in an effort to raise some small cash, Ford sold their hybrid technology to Toyota so that the Prius could be born on Toyota's time schedule. Ford has worked closely with Toyota, amongst others, for years. But instead of investing in building up Ford's image, product line and consumer base, it seems that it is a numbers games regarding pleasing the company investors. Well, the investors have been pleased. And now this article has been written. What will the investors do when the company is no longer? Jump ship of course! To the next that they can bilk into the history books. Offshore competitors on the other hand use the philosophy that I believe in - take a SIGNIFICANT portion of the profits and invest it in R & D!! And where did they learn this from? American business, ironically. Back in the day when Americans believed in American business - both consumer and investor. The greed of the few has cost the success of the many here. And since no one takes me seriously as world emporer, there is nothing I can do to fix this.
1 person likes this
• United States
26 Jan 08
You may not be world emporer, but I can tell you that millions of people agree with you.
1 person likes this